Business Franchise Australia

TRUSTED GLOBALLY FOR OVER 30 YEARS IN FRANCHISING

Future-proofing your franchise in the face of economic uncertainty

Franchising has been around since antiquity, when Roman law allowed merchants in long-distance trade to sell their wares under another merchant’s name without having to buy them first from the original source. But, it wasn’t until the 1900s that it became a viable business model.    The first franchised business was created in 1892 by… Continue reading Future-proofing your franchise in the face of economic uncertainty

I’m starting a Franchise Business – What can I finance?

When it comes to funding the expenses associated with your business start-up it is sometimes easy to think ‘it’s all the same pile of sand’; you’ve got all your costs (franchise fees, legal costs, equipment, property bond, fitout, stock, working capital) and you’ve got some money to cover those costs (savings, friends & family, investors,… Continue reading I’m starting a Franchise Business – What can I finance?

HOME COCOONING TRIGGERS EXPLOSION IN HOME-SERVICES FRANCHISE INTEREST

Home is the new oasis   Demand for home services is surging through the COVID-19 pandemic as Australians prioritise their home health. With the home continuing to be the place for work, study and play, we are seeing a change in spending habits while people continue to cocoon at home.   Demand for home improvement,… Continue reading HOME COCOONING TRIGGERS EXPLOSION IN HOME-SERVICES FRANCHISE INTEREST

Maintaining Business Loyalty in a Changing Business Landscape

One of the many disruptions caused by COVID-19 is the change in consumer behaviour, which is challenging brand loyalty. The social distancing restrictions and lockdowns, and resulting financial uncertainty, caused many consumers to stop spending money on all but the most essential purchases. This resulted in more than half of Australian consumers changing their usual… Continue reading Maintaining Business Loyalty in a Changing Business Landscape

3 Warning Signs that You Have an Unhealthy Relationship to Feedback

If someone called you and said they wanted to have a chat to give you some feedback, and you’re like most of the population, you would likely assume the worst. This would be irrespective of your seniority and how much experience you have. We are all a little crazy like that. It’s because we are… Continue reading 3 Warning Signs that You Have an Unhealthy Relationship to Feedback

3 Ways to Increase Your Revenue

If your franchise business isn’t adequately providing for your needs or is, in fact, taking more away from you, it is never too late to make the necessary changes. No matter what stage you’re at, it is always a good time to get clarity over your numbers and adjust your business model to make it… Continue reading 3 Ways to Increase Your Revenue

BEYOND THE FACE MASK – HOW RETAILERS CAN UNDERSTAND THE CHANGED CUSTOMER LANDSCAPE

1.       Anticipate a cautious return to shopping As the initial novelty of re-openings has waned, consumers will be measured in their plans to return to retail shopping as a hobby. Showing and telling how you’re keeping your team members and customers safe will be critical in ensuring all feel comfortable interacting with your brand.   2.       Consumers… Continue reading BEYOND THE FACE MASK – HOW RETAILERS CAN UNDERSTAND THE CHANGED CUSTOMER LANDSCAPE

Food and Beverage Franchises – Returning to the New Normal

As stricter social distancing measures for public venues and social activities are enforced by governments around the world to reduce the risk of local transmission of the coronavirus – restaurants, cafes and bars, have been required to reduce their in-dining areas, follow strict new regulations and pivot to home delivery and takeaway options. With many… Continue reading Food and Beverage Franchises – Returning to the New Normal

The Pillars of Workplace Wellbeing

Individual wellbeing is a goal people are always striving toward. As work comprises such a big part of life, it is a significant contributor to it. Workplace wellbeing was the top-ranked element in a place of employment, with 72 per cent of workers saying it is extremely/very important to them   How people are functioning… Continue reading The Pillars of Workplace Wellbeing

Know Your Price Range

The golden rule when it comes to making any investment is to know your price range. Whether it’s purchasing a car, a house, or investing in your own business, the first step should always be to know your financial parameters. Not only does this ensure you don’t end up purchasing a business you can’t afford,… Continue reading Know Your Price Range